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Isnt hyper inflation on the order of 1000% and not 100%? I think we are looking at somewhere below hyper inflation, but I definitely agree CPI is not showing it
by scsilver 5y ago
Isnt hyper inflation on the order of 1000% and not 100%? I think we are looking at somewhere below hyper inflation, but I definitely agree CPI is not showing it. Its not like we lost a war or have impossible debts to pay to our enemies. Everyone else is in the same boat. Do you really think we will see hyper inflation like Zimbabwe and Germany? Im foreseeing large inflation in previously cheap COL areas and low inflation in the already expensive places like SF, NY, DC.
It seems like the asset in shortest supply is where can I store my money against inflation.
Vacation home housing is one of the best products for that.
- lend000 5y agoYes, hyperinflation is a universal regime-ending event, but 50% annual inflation (a more plausible target while the USD is the world's reserve currency) is no joke, and would be on a completely different level than stagflation of the 70's. How it would play out in the world's largest economy is anyone's guess. Replaced hyperinflation with "major inflation" in my conclusion.